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The Industry Metal Derivatives market in Oman is experiencing a significant shift in recent times.
Customer preferences: Investors in Oman are increasingly turning to metal derivatives as a way to diversify their portfolios and hedge against market volatility. The appeal of these derivatives lies in their potential for high returns and the ability to speculate on price movements without owning the physical assets.
Trends in the market: One notable trend in the Omani metal derivatives market is the growing interest in gold and silver contracts. As global economic uncertainties persist, investors are seeking safe-haven assets like gold, driving up demand for gold derivatives. Additionally, the industrial applications of silver are fueling interest in silver derivatives as well.
Local special circumstances: Oman's strategic location and well-established financial infrastructure make it an attractive destination for investors looking to trade metal derivatives. The country's stable political environment and supportive regulatory framework further enhance its appeal as a hub for derivative trading activities.
Underlying macroeconomic factors: The economic diversification efforts in Oman, aimed at reducing dependency on oil revenues, are also influencing the metal derivatives market. As the country seeks to develop non-oil sectors, there is a growing emphasis on financial services, including derivative trading. This diversification drive is creating new opportunities for market participants and contributing to the overall growth of the metal derivatives market in Oman.
Data coverage:
Figures are based on commodity derivatives, their notional value, the number of contracts traded, the open interest (outstanding contracts at the end of a year), and the average value of a contract.Modeling approach / Market size:
Market sizes are determined by a Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use market research & analysis, and data of World Bank, as well as the World Federation of Exchanges. Furthermore, we use relevant key market indicators and data from country-specific associations and national data bureaus such as GDP, wealth per capita, and the online banking penetration rate. This data helps us to estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. In this market, we use the HOLT-damped Trend method to forecast future development. The main drivers are GDP per capita an the online banking penetration rate.Additional Notes:
The market is updated twice per year in case market dynamics change.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)